Senior Auditor - Prime Services

Permanent contract|New York|Audit / Control / Quality

Senior Auditor - Prime Services

  • New York, United States
  • Permanent contract
  • Audit / Control / Quality

Responsibilities

The AMER MARK Business and Operations and Risk and Finance team (MARK) coverage focus includes:

  • Front to back coverage of Markets businesses including Equity Derivatives, Prime Services, Fixed Income and Structured Products.
  • Five risk management stripes on the second line of defense reporting to the CRO including Market Risk, Liquidity, Model, Counterparty and Operational Risk.
  • Compliance teams that support Markets activities and selected rules and regulations related covering Markets activities.
  • Coverage for regional Finance function reporting into the local CFO.

The Senior Auditor will be part of the MARK Audit Team and is expected to play a leadership role in the coverage of SG AMER’s Prime Brokerage across various asset classes as well as Listed Derivatives activities (i.e. Futures & Options/Futures Commission Merchant – “FCM”). The Senior Auditor will be responsible for doing continuous monitoring and ongoing risk assessment of these groups, lead/participate in audits in the areas above, and be part of the pool that covers the broader scope of the team.

Primary responsibilities will include, but not limited to:

  • Working independently and responsibly on assigned tasks
  • Actively participating in all stages of the audit process: planning, testing, report drafting, and recommendation follow-up
  • Participating or leading periodic continuous monitoring meetings and annual risk assessments
  • Effectively communicating with auditees, developing a good relationship, anticipating and understanding any potential issues, and timely escalating when there is an issue
  • Analyzing assigned business processes, procedures, risks; and evaluating the internal controls to facilitate adopting a risk-based approach
  • Preparing high quality workpapers that support any findings and conclusions
  • Participating in department wide transformation projects, actively contributing to the changes and demonstrating readiness and willingness to apply the changes

Profile required

DIVISION DESCRIPTION: 
The Audit Division (IGAD) represents Societe Generale's independent internal audit function, comprised of over 1,200 professionals covering Societe Generale's global business and services in over 150 countries. The SGUS Audit Department (SGIAA) within IGAD is a group of about 70 professionals with diverse backgrounds and subject matter expertise based in the US, Bangalore, and Brazil, responsible for Societe Generale's businesses in the Americas region. Constituting the third line of defense, IGAD conducts independent audits of operational entities in an objective, thorough and impartial manner in line with professional standards. IGAD assesses the compliance of the Group's operations, the effective level of risk exposure and management, the adequate enforcement of procedures and the effectiveness and relevance of the permanent control set-up.

SKILLS AND QUALIFICATIONS:
Technical Skills:

  • Familiarity with general controls reviews, integrated audits between Business & IT auditors, pre-implementation reviews, Futures Commissions Merchant, Broker-Dealer, agency business, Prime Services, regulatory compliance related to futures and listed options.
  • Familiarity with Capital Markets businesses and understanding of Financial Services products.
  • Familiarity with Risk Management best practices and how they apply in the Financial Services Industry.
  • Familiarity with rules and regulations applicable to Markets and Investment Management businesses.
  • Knowledge of data analytics techniques.

Competencies:

  • Highly motivated and committed to lead and progress, willingness and readiness to provide help/support whenever needed.
  • Excellent written / verbal communication skills, able develop professional relationships.
  • Demonstrates curiosity and enthusiasm for learning and self-development with a focus on growing within the Prime Services, futures and listed options space in an Internal Audit capacity.
  • Demonstrates strong prioritization, organizational and time management skills; able to meet all deadlines and proactively seek guidance when needed.
  • Demonstrates openness to new ideas and suggestions and proposes new ideas and enhancements.
  • Demonstrates strong analytical skills.

Education/Prior Experience

  • Bachelor’s degree in business, Accounting, Finance, Economics or on a quantitative field like Engineering or Mathematics
  • Preferred experience in or participated in reviews of Futures Commissions Merchants, Broker-Dealers, Prime Services, Agency Business activities, as well as regulatory compliance related futures, options, exchange related rules, etc.
  • Relevant professional experience or coursework

Plus:

  • Desire to pursue a relevant certification (CIA, FRM, CFA)
  • Languages (Other than English): French
  • Series 3

Business insight

OUR CULTURE: 
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.
For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

D&I: 
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:
For most positions, Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

COMPENSATION & SALARY RANGE:

Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.

Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.

Reference: 24000GC7
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2024/08/12
Publication date: 2024/07/02
Salary or Compensation Range: $117,000 - $213,000
Share